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OpenStudy (anonymous):
how much simple interest is earned in one year from two accounts bearing 4% and 6% respectively? The first contains 3000 and the second 2500
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OpenStudy (wolf1728):
3,000 + 3,000 * .04 = 3,120 2,500 + 2,500 * .06 = 2,650
OpenStudy (anonymous):
so i just a them 3120+2650=5770
OpenStudy (preetha):
Yes.
OpenStudy (preetha):
Actually, the interest is just 3000*.04 + 2500*06.
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